A design scheme for a high-speed differential-input limiting transimpedance amplifier (TIA) was developed. The output-stage amplifier of the TIA is investigated in detail in order to suppress undershoot and ringing in the output waveform. The amplifier also includes a peak detector for the received signal strength indicator (RSSI) output, which is used to control the optical demodulator for differential-phase-shift-keying or differential-quadrature-phase-shift-keying formats. The limiting TIA was fabricated on the basis of 1-µm emitter-width InP-based heterojunction-bipolar-transistor (HBT) IC technology. Its differential gain is 39 dB, its 3-dB bandwidth is 27 GHz, and its estimated differential transimpedance gain is 73 dBΩ. The obtained output waveform shows that the developed design scheme is effective for suppressing undershoot and ringing.